Cooper City Homeowners Insurance

They say "home is where the heart is," and rarely have more accurate words been spoken. Slogans aside, we know our homes are a lot more than just an ancient adage. Our homes are where we live, where we feel comfortable, and where we make life's lasting memories. Our homes also represent our most significant asset (at least in most cases) and thus need to be protected. That is where the need for reliable Florida homeowners Insurance comes in.

Protecting your home from unforeseen events and tragedies is essential, particularly for South Floridians, who are frequently victims of nasty storms and hurricanes.

The National Oceanic and Atmospheric Administration predicted that there could be between six to ten hurricanes – about 6 of which could exhibit major hurricane strength – in 2020.

For those people financing their homes, homeowners' insurance is not only an essential requirement but often the very best investment that you will (hopefully) never have to use.

MORAN INSURANCE: WHAT YOU CAN EXPECT WITH OUR HOMEOWNERS' INSURANCE POLICIES

In this day and age, there are more insurance companies than ever before, but how do you know you're getting the very best protection for your insurance dollars?

At Moran Insurance, potential customers can choose from nearly 20 different insurance companies —a range of choices that ensures clients get exactly the type of protection they need. This wide variety of coverage options allows us to tailor a perfect policy with deductibles and premiums that cater to your specific budget.

HOMEOWNERS INSURANCE OPTIONS THROUGH MORAN INSURANCE

Moran Insurance offers several different coverages and deductible options to meet our clients' needs. These include:

- COVERAGE OPTIONS

While most homeowners' insurance policies are structured as "package policies," customers do have the freedom to choose from a range of coverage options to match their individual needs and budget. At Moran Insurance, we offer various coverage options to ensure you are protected from structural damage, the theft or vandalism of specific contents within your home and liability coverage, which protects you from unforeseen events or accidents that may occur inside the home.

- DEDUCTIBLE OPTIONS

The advantages of protecting your home with homeowners' insurance are limitless, and while maintaining these policies is essential, there are many different deductible options to choose from.

Naturally, those who choose to pay a larger deductible can significantly lower their annual premium. We can also work with you regarding different provisions within your policy, making sure you will never pay for more than you need.

WHAT DOES HOMEOWNER'S INSURANCE PROTECT?

Your homeowner's insurance policy has two primary – and essential – functions. The first is to protect you from potential liability should someone be injured in your home. Liability insurance will protect you from financial responsibility and possible legal action should someone get hurt on your property, and can pay for things such as hospital expenses, medical payments and loss-of-wages reimbursement to the person injured.

The other part of your homeowner's insurance policy, often called comprehensive coverage, will reimburse you for any damages to your home caused by:

Theft
Fire
Vandalism
Water Damage
Electrical Mishaps
Accidents
Hail and sleet
Damage from Natural Disasters, such as Hurricanes and Tropical Storms
And Much More

CONDO HOMEOWNER'S INSURANCE

Those who own a condominium or townhouse in Cooper City should know that homeowners' insurance for these structures is a bit different than a typical policy for a single-family dwelling.

Typically, the Condominium Association, where you live, will maintain a less-than comprehensive policy, one that covers the exterior of the building only. In these cases, you would need a personalized insurance policy that offers coverage for the unit's interior, including personal property and personal liability.

If you consider purchasing a homeowner's insurance policy for a condominium, be sure first to review the Homeowner's Association Agreement (HOA) to determine exactly what their policy does and does not cover. It would be best if you also inquired about how the association conducts loss assessments.

Fortunately, the Moran Insurance offers specialized policies for condo owners at a price that is typically significantly less than a traditional homeowner's policy.

HOMEOWNERS' INSURANCE: THE PRICE

Homeowner's insurance, while critical for homeowners, can be quite expensive. Typically, the annual premiums for homeowner's insurance depend on all of the following:

The state in which the property is located
The age of the property
The condition of the property
The deductible amount

Homeowners looking to reduce their annual premiums can begin by making improvements to the property, especially those that add to the home's overall safety. If you are willing to carry a more substantial deductible—the amount you will be required to pay before the insurance payments kick in—you can significantly reduce your annual premium.

The best advice is to read your homeowner's insurance policy thoroughly before agreeing to its provisions. Be sure to ask questions before you sign anything. The more homework you do when comparing home insurance policies, the more knowledgeable and better prepared you'll be should you ever be compelled to file a claim.